Collective 2.0, Dubai Hills Estate crowdfunding opportunity project pitch by SmartCrowd

Details

Country

United Arab Emirates

Type

EquityBuy To Let

Sector

Real Estate

End date

14 September 2023 (-29 days)

Total yield

44.64%

Annual yield

8.93%

Duration/Maturity

60 months

investors

22

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“We’re offering you an exceptional 1-bedroom apartment in Collective 2.0 (Tower B), Dubai Hills Estate – a luxury master development within MBR City. Developed by Emaar, Collective 2.0 was completed in March 2022 as a residential complex comprising two towers: Tower A with 17 stories and Tower B with 19 stories. The development encompasses 494 one to two-bedroom residences, building upon the success of its precursor, Collective, which made headlines by selling an impressive 460 units in a single day.Thoughtfully designed for urban millennials, Collective 2.0 encourages collaboration and social interaction by offering premium amenities and versatile spaces. Residents can enjoy a lifestyle of vitality and refined living with fully-equipped gyms, a serene library, and recreational zones, including a game room, cinema, outdoor lounge, and swimming pool. Additionally, a collaborative workspace is available to further nurture connections.Strategically positioned, the property enjoys proximity to significant landmarks, including Dubai Hills Park and Dubai Hills Mall. Moreover, its adjacency to the Rove Hotel and Business Park further enriches the urban lifestyle experience.MBR City, named after Sheikh Mohammed bin Rashid Al Maktoum, combines luxury living, cutting-edge technology, and sustainability to create a unique urban oasis. Its key developments include Sobha Hartland, District One, and Dubai Hills Estate – an upscale community that offers diverse property types, golf amenities (Dubai Hills Golf Club), three hotels, hospitals, Dubai Hills Mall, and esteemed schools like GEMS Wellington Academy. As of 2023, Dubai Hills Estate is among Dubai’s top 5 transacted areas, cementing itself as MBR City’s vibrant centerpiece. Property values within Dubai Hills Estate traded at PSF 1,331 in 2016 and bottomed at PSF 1,283 in 2020, experiencing a moderate decline of 4%. Yet, from that point, the current average price has surged to PSF 1,834 as of July 2023, showcasing a remarkable 43% increase from its bottom.”

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• Source: https://www.findcrowdfunding.com/en/view/smartcrowd/684